DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(1), NAGPUR vs. M/S. AAKAR HOTELS, NAGPUR
In the result, appeal of the revenue is dismissed
ITA 47/NAG/2023[2013-14]Status: DisposedITAT Nagpur09 Jun 2025AY 2013-14
Bench: Shri V. Durga Rao, Hon'Ble & Shri K.M. Roy, Hon'Ble Accountant, Member
Section 147Section 148
64,000/- and following expenditure were incurred by him in respect of
which he submitted ledger account;
F.Y.
2005-06
2006-07
20014-15
2015-16
Amount
4,94,249/-
80,000/-
30,00,000/-
12,00,000/-
vi.
Therefore, the claim of the assessee that there was no transfer of
property is totally wrong and hence assessee's plea